Decentralization

The CEO of a sports betting platform that has entered the non-fungible token market is calling for more centralization in the cryptocurrency space. What Happened: Speaking on a Decrypt podcast, DraftKings Inc (NASDAQ: DKNG) CEO and co-founder Jason Robins called for centralization. Robins compared...

Several items in a NFT collection were delisted by NFT marketplace OpenSea. Could the reason be the global bank giant Citigroup Inc (NYSE: C)? What Happened: The Hashmarks, a series of non-fungible tokens featuring art from 70 artists, saw three NFTs featuring clowns and names involving Citibank...

The growing buzz around Facebook Inc’s (NASDAQ: FB) Novi wallet has not escaped the notice of Cathie Wood-led Ark Invest, which expounded on the struggles of both Novi and the associated cryptocurrency Diem. What Happened: Ark analyst Max Friedrich observed in Ark's...

Solana (CRYPTO: SOL) is swimming against the current as major cryptocurrencies like Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Dogecoin (CRYPTO: DOGE) plunged on Thursday night. What’s Moving? SOL traded 13.69% higher at $82.45 over 24 hours at press time and was up 12.17% for the...

Twitter Inc (NYSE: TWTR) CEO Jack Dorsey has picked cryptocurrency developer and privacy veteran Jay Graber to lead efforts to build a decentralized social media network dubbed Bluesky. What Happened: Graber, who contributed to the ZCash (CRYPTO: ZEC) project, announced the news on Twitter on...

By Alex Siman, founder of Subsocial - a Polkadot-based decentralized social network platform The imminent Ethereum London upgrade - as well as the launch of Polkadot and Kusama’s parachains - has done much to keep crypto spirits as markets remain bleak. Parachain candidates are drumming...

American billionaire entrepreneur and investor Mark Cuban defended the incentive mechanisms of major cryptocurrencies such as Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH). What Happened: In a Twitter thread initiated on Tuesday, Mira Hurley — a Twitter...

AMP (AMP), a decentralized collateral token, has soared 787% since the year began and was trading over 13% higher around midnight Thursday. What Happened: AMP traded 13.63% higher at $0.575 at press time in a 24-hour period after Coinbase Global Inc (NASDAQ: COIN) said it would list the...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said Tuesday that his ability to “take action is limited” when it comes to Dogecoin (DOGE). What Happened: Musk made his comments on Twitter while noting the decentralized nature of the Shiba Inu-themed cryptocurrency. Please note Dogecoin has no...